What's Wrong With Celsius Holdings Stock?
When investors start to turn on a growth stock, things can get ugly in a hurry. Celsius Holdings (NASDAQ: CELH) is a prime example of that. Although in recent years it has generated some terrific returns for investors, the tide looks to have turned, significantly. Entering trading on Monday, shares of Celsius have fallen more than 60% over just the past six months.
Below, I'll look at why investors have become so bearish on the stock of late, and whether this could make for a good buying opportunity.
Celsius Holdings has been a hot growth stock in recent years, becoming one of the top names in the energy drink industry. But the inevitable problem many growth stocks face is that sooner or later, their impressive growth rates slow down. And as that happens, the bullishness and excitement can start to dissipate.
Source Fool.com
